The mutual fund industry’s powerful trade group is stepping up its support of financial advisers.
The financial advice business has perhaps never been so rife with opportunities for educated newcomers — a scenario that bodes particularly well for this spring’s crop of college graduates.
CHICAGO — Even though tax season just wrapped up, financial advisers and tax specialists say that it isn’t too early to help clients try to avoid the alternative minimum tax for 2007 returns.
PHILADELPHIA — It is a message he has delivered many times before, but industry experts said John C. Bogle’s continued assertion that bond funds on average are too expensive deserves special attention in the current market.
Helping Wall Street firms to look more like the American public they serve is the idea behind a new internship program designed for students who attend historically black colleges and universities.
OTTAWA — While a bidding war goes on for BCE Inc., InvestmentNews learned last Tuesday that the Montreal-based telecom giant is under investigation by Market Regulation Services Inc. for a misleading, possibly fraudulent, press release.
BOSTON — Nearly three and a half years after PBHG Funds’ founders were charged with fraud, checks have started going out to mutual fund investors wronged by the alleged trading abuses at their former firm.
Morgan Stanley & Co. Inc. today confirmed that chief executive John Mack, a registered Republican, has thrown his support behind Democratic New York Senator Hillary Rodham Clinton in the 2008 presidential election, according to published reports.
With a $13.4 billion offer, Citigroup Inc. yesterday closed on the largest foreign takeover of a Japanese company, Nikko Cordial Corp., according to published reports.
